Amala
About

About Amala

Amala is a development firm for experiential, hospitality-anchored places. We plan and build small walkable districts where a hotel is the anchor and the rest of the program sits inside one walk: homes in a mix of sizes, shops and restaurants at street level, a green or a shoreline to use them on, and somewhere to learn. We take a project from first concept through site selection and entitlement, and we operate what we build.

The firm grew out of running hospitality rather than only drawing it. Casa Monteflores in San Juan and Macchiato in Toronto operate today, and a cluster of lakeside A-frame cabins is in planning. They are small on purpose. Running them is how we learned what a room actually costs to turn over, which amenities earn their square footage, and how quickly a badly placed back-of-house decision becomes permanent — the operating detail that later separates a district that pencils from one that only renders well.

Behind the underwriting is institutional practice. Founder Bryce Galen underwrote and modeled JV-equity, preferred-equity and participating-debt investments across a $1 billion value-add fund in hotel, mixed-use, office, apartment and condominium development in the real estate group at Fidelity Investments. Since then he has done entitlement work in front of local boards, including a rezoning effort run with organized neighbors in the Nashville metro. We plan for the hearing from the first sketch, and we would rather put a community benefit in writing than in a rendering.

A note from the founder

Hospitality and mixed-use developer turned founder. I underwrote hotels and town centers at Fidelity, including National Harbor, and built two companies on the customer's side: Zero, banking without fees, and Landian, brokerage without commissions. Now working on hospitality and mixed-use places.

I side with the consumer when others assume the terms are fixed: banking without fees at Zero, brokerage without commissions at Landian, and community-first places with Amala.

— Bryce Galen

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